Internal controls may be limited by each of the following except
A) the size of the business.
B) the human element.
C) internal audits.
D) collusion.

Name: Internal controls may be limited by each of the following except A) the size of the business. B) the human element. C) internal audits. D) collusion.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Internal audits are a part of internal controls and are not a limitation. They help in assessing and improving the effectiveness of internal controls.

Internal Controls May Be Limited by Each of the Following